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You are here: Home / Government Contracting News / Number of multiple award contracts drop — Will OMB’s new requirements continue the trend?

July 21, 2017 By AMK

Number of multiple award contracts drop — Will OMB’s new requirements continue the trend?

Efforts to stop the proliferation of multiple award contracts have found limited success. Data from Bloomberg Government shows that while the number of MACs governmentwide — Defense Department and civilian agencies — have dropped since 2012, there still are more than 2,600.

The total number of MACs have dropped by 239 in the five years since the Office of Management and Budget implemented the requirement to submit a business case for any new multiple award contract that will be worth more than $50 million over the life of the vehicle.

The 8 percent reduction comes as spending on MACs increased by $5 billion in 2016, as compared to 2015. Bloomberg Government reported in April that spending on these contract vehicles increased to $111 billion last fiscal year from $106 billion the year before.

Keep reading this article at: https://federalnewsradio.com/reporters-notebook-jason-miller/2017/06/multipleawardcontractsdrop/

Filed Under: Government Contracting News Tagged With: Army, DISA, DoD, Federal Supply Schedule, GSA, GSA Schedule, MAC, MAS, OMB

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